one advantage to this philosophy is that businesses faced fewer government rules and regulations. this allowes businesses to do many things. often rules and regulations add tothe costs that business faces. sometimes, rules and regulations make it harder to do business activities. when businesses have fewer rules and regulations they are generally willing to take more risks and to invest in the economy. with fewer rules and regulations, businesses have a big incentive to try to maximize profits.
a disadvantage of this policy is that businesses may engage in risky behaviors that could lead to future economic problems. in the 1920s, there were few rules and regulations on banks and on the investiment industry. to much money was being loaned to individuals and people could buy stocks woth only a small down payment. banks were also free to invest in the stock market. when the stock market crashed, many people and banks were financially ruined.
A revolution is a fundamental change in political power and political organization, which occurs relatively quickly when the population revolt against their oppression by the incumbent government.
I believe the answer is True.
The information revolution has enabled many people to actualize their dreams and satisfy their curiosity by learning nearly any concept.
It was really important because it made information way easier to obtain.
It made people way more knowledgeable.
It has led to dramatic reduction in the cost of obtaining, processing, storing, and transmitting information in all forms.
His discovery of the Pacific Ocean established Spain's claim to it and the land surrounding it, and spurred Magellan to seek a direct sea route to the Pacific and the East Indies beyond.
Answer: December 14, 1799
